Investment companies with reduced income tax payments

12:28 - 24.06.2023


June 24, Fineko/abc.az. Last year, four out of 13 investment companies operating in Azerbaijan paid income tax more than a year earlier.

ABC.AZ reports that among them are ABB-Invest, CPM-Invest, PASHA Kapital and Invest-az.

The highest dynamics was recorded on ABB-Invest and CPM-Invest (2.9-fold) and the lowest on Invest-AZ (40.4%).

Five investment companies – AzFinance, Assist Finance, PSG Capital, Unicapital and Xalq Kapital - lowered the payment of income tax. The largest decrease was recorded on Xalq Kapital (64%) and the smallest on AzFinance (6.3%).

Four investment companies – Capital Partners, MFX-Trading, Plato Capital & Co. and Trono did not pay income tax either last year or in the previous one. Therefore, it was not possible to calculate the dynamics of their financial indicators.